Chester Property Market Update | A Look Back At 2019
Firstly, a very happy new year to all of our customers from the team at Jordan & Halstead! 2019 was an extremely exciting and rewarding year for the team at Jordan & Halstead Chester, and we can’t wait to see what 2020 has in store.
Boxing day is one of the biggest days for property searches, and marks the kick-off of the new property year, and while we can’t wait to get started, it’s also important to look back on the year we’ve had. By taking a look back at the whole of 2019, we can see how the property market has fared, and even make some predictions for the year to come!
No matter what the market has in store for you in the coming year, having an estate agent on your side who knows what they’re doing and gives you everything you need to stay informed and involved can make all the difference. At Jordan & Halstead, keeping our customers informed and offering genuine, honest advice that actually helps them is our priority, and it’s why do what we do.
So without further ado, let’s take a look back at the Chester property market in 2019.
Something significant that has been happening in the Chester property market in the past year is the number of buyer vs. sellers. Compared to other areas nearby, Chester has a much higher proportion of buyers, meaning that if you’re looking to sell your home in Chester, all the signs point to now! With more buyers than sellers, sellers can get better prices and homes are likely to be sold more quickly than in a market with more buyers.
However, if you’re looking for your dream home, don’t worry! Property prices in the Chester area, while growing, are still below the national average, and are rising at a slower rate. This means that Chester is still very affordable, with the average price for a flat in 2019 sitting at £165,395, compared to the national average of £244,282.
All this information will mean something different for everyone, depending on where you are in your property journey, but with Jordan & Halstead, you can be confident you’ll always get the right advice for you. Get in touch with our team today to find out more, and take your first steps with Jordan & Halstead.
Thanks for reading,